The number of new Bitcoin wallets has dropped to its lowest level since 2018
According to data from The Block, the seven-day moving average of new addresses on the Bitcoin network was close to its historical high six months ago, but has now fallen to its lowest level since 2018. Over the past week, an average of only 275,000 addresses were added to the Bitcoin network each day, compared with 625,000 six months ago.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Exodus CEO predicts bitcoin will reach $200,000 in 2026
Bubblemaps: The Edel team is still selling EDEL tokens, transferring another $175,000 worth of EDEL
Polish lower house fails to secure enough votes to override president's veto on crypto asset bill
Trending news
MoreCrypto prices
More
